FRANKE UNIT

Operated by MARATHON OIL EF LLC (P-5 525398) in the SUGARKANE (EAGLE FORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 273078District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.1 M
Jan 2014 – May 2026
Value, last 12 filed months
$220 k
at the published price for each month
Months reported
149
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 1,993 leases and 2,259 wells, and the rule below applies to all of them.

Discovered
2009-12-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2017-10-10.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: GAS WELLS

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112014-12-09214799
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition223,097 bbl$13,944,246
GasProduction1,261,018 Mcf$4,196,876
Total$18,141,122

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.8113, -97.9374. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.81129, -97.93742 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,438 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 12,438 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-255335083H12,438 ftJun 2014

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (149)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

149 months

May 202600106.413.05$0
Apr 20261098.932.87$99
Mar 20264642089.753.15$5,451
Feb 20261642463.503.75$10,504
Jan 20262703859.138.00$16,269
Dec 20252784256.664.41$15,937
Nov 20251642358.593.93$9,699
Oct 202510059.383.30$594
Sep 20252453362.743.08$15,473
Aug 20254846963.933.01$31,150
Jul 20256601,81366.743.32$50,059
Jun 20258722,22466.483.13$64,929
May 20259801,00360.553.23$62,581
Apr 20251,92310,34362.363.54$156,565
Mar 20253,11221,52067.704.27$302,537
Feb 20251,46417,82970.884.34$181,161
Jan 20251,0092,94574.324.28$87,590
Dec 202458365168.993.12$42,253
Nov 20246561,25169.052.20$48,047
Oct 20246621,34371.372.28$50,311
Sep 20244581,12469.612.36$34,539
Aug 20244061,25575.632.06$33,296
Jul 20244481,29979.932.15$38,597
Jun 20242281,31078.082.63$21,253
May 20242311,33078.812.20$21,129
Apr 20241941,49384.451.66$18,860
Mar 20242151,24280.301.55$19,184
Feb 20242901,21376.091.78$24,230
Jan 20241221,27773.023.30$13,120
Dec 20233361,40571.262.61$27,611
Nov 20232211,27477.892.81$20,791
Oct 20231271,33185.443.09$14,960
Sep 20231461,33689.042.74$16,654
Aug 20231421,28180.522.67$14,858
Jul 20231661,41574.852.64$16,163
Jun 20231541,14468.962.26$13,204
May 20231761,43470.622.23$15,623
Apr 20231841,71478.122.24$18,210
Mar 20232131,23972.852.39$18,482
Feb 202318299075.112.47$16,111
Jan 20231241,20276.533.39$13,562
Dec 20226481,19276.415.73$56,343
Nov 20222001,23185.005.65$23,950
Oct 20222381,60387.185.86$30,148
Sep 20222141,43884.888.16$29,904
Aug 20222171,50294.529.13$34,220
Jul 20222291,614101.587.54$35,435
Jun 20222121,529115.097.98$36,596
May 20222221,549109.378.43$37,343
Apr 20222582,481104.226.84$43,853
Mar 20222012,935108.885.08$36,784
Feb 20222739791.054.86$4,387
Jan 2022106981.844.54$1,132
Dec 20216973171.323.90$7,771
Nov 202111983377.435.24$13,576
Oct 20218358079.795.71$9,937
Sep 2021921,51769.865.35$14,544
Aug 2021551,59666.024.22$10,367
Jul 2021401,62570.783.98$9,302
Jun 2021412,17069.493.38$10,185
May 20211052,05063.483.02$12,852
Apr 20211932,26460.362.76$17,895
Mar 20212212,43461.302.72$20,160
Feb 20212505,23257.805.55$43,477
Jan 20213072,62950.412.81$22,864
Dec 20201044.642.68$45
Nov 2020523,04438.772.71$10,255
Oct 20207953,34936.972.48$37,691
Sep 20201,5902,79537.091.99$64,538
Aug 20203413,06939.982.39$20,953
Jul 20204093,39838.371.83$21,895
Jun 20204573,14834.901.69$21,270
May 20205373,37616.921.81$15,213
Apr 20203482,29714.751.80$9,278
Mar 20204492,43830.341.86$18,148
Feb 20204531,18149.881.98$24,935
Jan 202044546557.252.09$26,450
Dec 20194752,70659.012.30$34,265
Nov 20194962,45855.302.75$34,190
Oct 20194803,47953.472.42$34,080
Sep 20194403,01455.052.66$32,231
Aug 20195865,02953.112.30$42,711
Jul 20198944,47956.272.46$61,324
Jun 201957314852.782.49$30,612
May 201954414658.482.74$32,213
Apr 201970815562.632.75$44,768
Mar 201962321356.803.06$36,039
Feb 201946815850.852.79$24,239
Jan 20195041,70446.033.23$28,700
Dec 20184973,21946.594.19$36,628
Nov 20184492,42752.934.24$34,049
Oct 20185613,36461.443.40$45,899
Sep 20185263,01659.543.11$40,692
Aug 20185343,05259.403.07$41,079
Jul 20184561,88265.142.93$35,222
Jun 20187212,86160.183.08$52,193
May 20186293,57265.382.90$51,486
Apr 20183431,81063.842.90$27,148
Mar 20185813,58061.222.79$45,546
Feb 20183913,24561.782.77$33,132
Jan 20185304,43262.874.01$51,090
Dec 20176114,12557.272.92$47,043
Nov 20176524,14655.423.12$49,063
Oct 20176424,87849.292.98$46,199
Sep 20176144,32547.523.09$42,530
Aug 201710051645.373.00$6,087
Jul 20176825,46043.873.09$46,776
Jun 20177295,75542.493.09$48,743
May 20176353,95045.373.26$41,700
Apr 20175334,20747.933.21$39,058
Mar 20176604,31746.772.98$43,749
Feb 20176934,12850.452.95$47,150
Jan 20176104,99849.413.42$47,227
Dec 20166124,46648.763.72$46,467
Nov 20166754,54242.492.64$40,691
Oct 20167424,91446.193.09$49,459
Sep 20167455,01841.553.10$46,514
Aug 20167925,14741.442.92$47,872
Jul 20167595,65341.622.92$48,121
Jun 20161,2995,81445.352.69$74,525
May 20169578,53542.521.99$57,685
Apr 20162,16115,04536.561.99$108,961
Mar 20163,15013,88033.011.79$128,882
Feb 20162,10926,29926.472.06$110,097
Jan 20163,02335,10127.352.36$165,670
Dec 20154,13427,08832.362.00$187,990
Nov 20153,89226,82738.792.17$209,114
Oct 20154,47829,20843.552.43$265,892
Sep 20154,88032,76742.992.76$300,176
Aug 20155,55732,47440.162.87$316,450
Jul 20156,66339,53948.152.95$437,269
Jun 20152,75213,98456.152.88$194,839
May 20158,28238,61255.212.96$571,365
Apr 20152,19614,05849.822.71$147,454
Mar 20157,43147,14042.892.93$457,058
Feb 20158,13352,22544.662.98$518,651
Jan 201510,74949,51743.433.10$620,363
Dec 20149,55660,17454.693.59$738,724
Nov 201412,39076,75670.464.25$1,199,354
Oct 201413,28760,35478.303.90$1,275,811
Sep 201412,94375,15386.164.05$1,419,196
Aug 201417,54685,15189.394.04$1,912,031
Jul 201418,50381,29496.564.18$2,126,426
Jun 20144,05714,68998.164.74$467,815
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Apr 2026 — as filed, then multipliedworked
Condensate             1 bbl  × $ 98.93 =        $99
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                      $99

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 02/G/273078 is the state's own key, not one this site invented.